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Exam Code: aPHRi

Exam Name: Associate Professional in Human Resources - International

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
What type of key is used in physical and sometimes logical relational data modelling schemes to represent a relationship?
A. Foreign key
B. Primary key
C. Network key
D. Applications key
E. Door key
F. All of the above
Answer: A

NEW QUESTION: 2
The initial Federal Reserve Bank margin requirement is set at 60% and Bubba purchases 100 shares of XYZ at $100 per share. He deposits $6,000 of the $10,000 purchase price in his account.
If XYZ increases in value to $150 per share, how much excess equity would Bubba have in his account?
A. $3,000
B. $2,000
C. $1,500
D. $1,000
Answer: B
Explanation:
Explanation/Reference:
Explanation: $2,000. Bubba started with $6,000 of equity and a debit balance of $4,000. The market value of his XYZ stock increased by $5,000 ($15,000 - $10,000). Therefore, his equity increased to $11,000.
Since Bubba only needs 60% equity, his Reg T requirement is $9,000 ($15,000 x 60%). His equity exceeds the requirement by $2,000.

NEW QUESTION: 3

A. Option C
B. Option A
C. Option B
D. Option D
Answer: B

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